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Bldg. A & B 5718 E 7th St
1,440 SF of Retail Space Available in Long Beach, CA 90803
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 1,440 SF | Negotiable | £52.40 /SF/PA £4.37 /SF/MO £564.04 /m²/PA £47.00 /m²/MO £75,458 /PA £6,288 /MO | Triple Net |
1st Floor
Location: Nestled in the bustling Bixby Hill area of Long Beach, this restaurant is strategically located in a vibrant shopping center surrounded by East 7th Street, Pacific Coast Highway, North Bellflower Blvd, and Channel Drive. Current Operation: This Chinese restaurant has been serving the community since 2023. Co-Tenants: Benefit from high foot traffic with co-tenants like Target, Starbucks, Chevron, Bank of America, Sapporo Sushi, Ike’s Sandwiches, East Coast Bagel, and 562 Pacific Grill. Nearby Businesses: Close proximity to California State University of Long Beach, Tibor Rubin VA Medical Center, and VA Spinal Cord Center ensures a steady stream of potential customers. Business Hours: Open 7 days a week from 11 AM to 9 PM, catering to both lunch and dinner crowds. Lease Details: Secure lease agreement until October 2029 with no option to renew. Facilities: o Seating Capacity: 44 inside o Parking: Ample parking for both customers and employees o Amenities: Handicapped restrooms, 12-foot hood, and grease interceptor in the back Investment: The owners have invested $400,000 in renovations, and the restaurant opened in February 2023 with almost brand-new equipment. Sale Details: This is an asset sale and Trade name is not included in Sale.. Fixtures, furniture, and equipment will be delivered in AS IS condition. Don’t miss this incredible opportunity to own a thriving restaurant in a prime location! Contact us today for more details and to schedule a viewing. **DO NOT DISTURB CURRENT TENANT. SALE IS CONFIDENTIAL** **PLEASE CONTACT BROKER FIRST BEFORE GOING INTO THE RESTAURANT**
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5718 E 7th St , Long Beach, CA 90803
| Property Type | Retail | Total Land Area | 6.12 AC |
| Property Subtype | Freestanding | Year Built | 1974 |
| Gross Internal Area | 28,181 SF | Parking Ratio | 5.46/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 28,181 SF |
| Total Land Area | 6.12 AC |
| Year Built | 1974 |
| Parking Ratio | 5.46/1,000 SF |
Nearby Major Retailers
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Ken Manabe -
Sky Line Commercial Real Estate
Presented by
Bldg. A & B | 5718 E 7th St
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